Stillwater, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stillwater Neighborhoods Since 2000




Stillwater, MN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Stillwater Housing Market Information

With a population of 18,924, 7,128 total housing units (homes and apartments), and a median house value of $272,105, Stillwater real estate is some of the most expensive in Minnesota, although Stillwater home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Stillwater, accounting for 67.46% of the city's housing units. Other types of housing that are prevalent in Stillwater include large apartment complexes or high rise apartments ( 14.78%), row houses and other attached homes ( 11.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.48%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Stillwater. Owner-occupied housing accounts for 72.28% of Stillwater's homes, and 59.65% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Stillwater built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Stillwater built before 1939 ( 24.27%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.47%). There's also some housing in Stillwater built between 1940-1969 ( 15.05%).

Stillwater Home Appreciation Rates

Stillwater's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stillwater during the period has been just -0.96%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Stillwater's appreciation rate, at 4.29%, has been at or slightly above the national average. In the latest quarter, Stillwater's appreciation rate has been 1.44%, which annualizes to a rate of 5.89%.

Relative to Minnesota, our data show that Stillwater's latest annual appreciation rate is lower than 50% of the other cities and towns in Minnesota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Stillwater differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stillwater - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Stillwater real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$272,105

Stillwater, MN HOME PRICES

Value Range
> $1,144,000 0.5
$858,001 - $1,144,000 0.2
$572,001 - $858,000 5.9
$458,001 - $572,000 7.5
$343,001 - $458,000 19.1
$229,001 - $343,000 35.2
$114,001 - $229,000 26.1
$57,001 - $114,000 2.3
$0 - $57,000 3.2

Very High for MN
Very High for Nation

Value Relative to Nation Value Relative to State
19.4890425407242 14.5790554414784

Number Of Homes And Apartments:
7,128

Stillwater Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
30.76% 1.57% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,322 / per month

Homeownership Rate

Homeownership
Owners 72.28
Renters 27.72
Vacant 4.99

Housing Market Details

 

Age of Homes

AGE OF Stillwater HOMES
2000 or Newer 20.5
1970 - 1999 40.2
1940 - 1969 15.0
1939 or Older 24.3

Types of Homes

TYPE OF Stillwater HOMES
Single-Family 67.5
Townhomes 11.2
Small Apt. Buildings 6.5
Apt. Complexes 14.8
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Stillwater HOMES
No Bedroom 1.07
1 Bedroom 9.24
2 Bedrooms 23.87
3 Bedrooms 39.74
4 Bedrooms 19.91
5 or more bedrooms 6.17